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With Canada’s annual inflation reaching its highest point in more than 30 years, interest rates could rise faster and higher, making mortgages and bank loans more costly. Credit cards, however, are generally not expected to be impacted by rate hikes.
Source: ctv business
Bank of Canada rate hike not expected to impact credit card interest rates, expert says
Direct Loan Canada is a Canadian-based company specializing in loan capacity analysis and personal loan endorsement. Our goal is to find personal loans for our clients, regardless of the status of their credit report, by guaranteeing a discreet and professional service. In addition, we deal exclusively with lending companies having the required permits and in compliance with the law. With Direct Loan Canada it's fast and easy!